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Dmitry [639]
2 years ago
12

The monthly failure-to-pay on time penalty is usually

Law
1 answer:
svet-max [94.6K]2 years ago
5 0

Answer:

Failure-to-pay penalty is charged for failing to pay your tax by the due date. The late payment penalty is 0.5% of the tax owed after the due date, for each month or part of a month the tax remains unpaid, up to 25%. You won't have to pay the penalty if you can show reasonable cause for the failure to pay on time.

Explanation:

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